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A few big elections in EM next year
Weekly investor research
11 December 2017
Get ready to make some alpha! 2018 is an important election year for a small number of prominent Emerging Markets (EM) countries, including Brazil, Mexico and Russia. Markets tend to dramatically exaggerate the implications of different election outcomes, wherefore elections typically present very lucrative alpha generation opportunities for active managers. The Weekly also discusses the Brazilian central bank’s latest rate cut, China’s slowing inflation rate, Argentina’s reform package, Chile’s bumper trade surplus, Sinopec’s tiff with PDVSA, the demise of Yemen’s Saleh and local currency settlement in Indonesia, Malaysia and Thailand.